It’s always the worst when they talk to you about issues. It’s either it’s making a mess or the machine eats the quarters! super annoying and frustrating

@gumballgold

6 ай бұрын

Yes it is. But I wil have an update coming soon. Thanks for watching.

liked and shared

@gumballgold

15 күн бұрын

Thanks!

She wanted to take your spot 100%

@gumballgold

Ай бұрын

A couple of weeks after uploading this video, I lost this location. I'm now curious to go back and see if she did.

How many cotton Candy bite size you dispense for a quarter big bro.?

@gumballgold

4 ай бұрын

Half and ounce per quarter.

That great to hear it’s working out. I’m about to buy a single head gum ball and put it in a restaurant I was just wondering how you still make profit with the specialty gum balls

@gumballgold

2 ай бұрын

You can still make a good profit selling specialty gumballs that are more expensive to buy wholesale. For example the Blow Pop and Seedlings that are around $53.00 a case. But to make a great profit I upgraded my machines to fifty cent mechs. Thanks for watching and commenting!

@shadowsky4556

2 ай бұрын

@@gumballgold do you recommend getting a 50 cent turn and putting specialty rather then normal

@gumballgold

2 ай бұрын

@@shadowsky4556 I have been upgrading all my machines to fifty cent mechs now matter what product is in the machine. So far almost all my Rhino Pros and Classics have been upgraded. And I am still waiting on the promised fifty cent mechs for my Rhino Triple Shops from candymachines dot com to be available to buy. The cost of product and shipping at a dollar a pound will keep going up and I want to stay ahead of the curve.

Just found your channel. I’m looking into getting gumball machines

@gumballgold

7 ай бұрын

Very cool! Let me know if I can help you or answer any of your questions.

People putting used gumballs onto stuff is a fear of mine

Great Video - I just subscribed today! Question - Where do you buy your Cotton Candy and Popping Rocks candy at?

@gumballgold

3 ай бұрын

Thank you so much for subbing! I buy my gumballs from candymachine dot com or All Star Vending. Depends on prices between the two companies. I do not recommend buying the ZED brand gumballs that are made in China. Buy the Double Bubble brand for best quality. Popping Rocks I buy from candymachines dot com.

@vmexplorer

3 ай бұрын

@@gumballgold Thanks for the quick reply. Have you ever done a video on how to track your customers and what I like to call "candy math" (aka, tracking product costs and profits)?

@gumballgold

3 ай бұрын

@@vmexplorer no I haven't thought about doing a video on "candy math". I know people who do keep up with the numbers using quick book, excel, and etc. I will be posting a video on why I don't so I don't have to pay income taxes. LOL.

It is hard to predict what will sell well at each location. Example one place plain m&ms Runs out fast. Right across the street plain m&ms are barely touched and they go through skittles fast. Another one of my locations the gumballs are the best seller. Just have to ask questions and try different candy to see what sells in that spot.

The only complaint I've every had was gumball machines other than mine not having catch trays. I get thanked all the time for having catch trays on all my machines. keeps crumbs off the floor.

Glad the pop rocks are working out for you.

@gumballgold

3 ай бұрын

I have sold four cases since this video was posted. Have you tried selling them?

@williambreeze2659

3 ай бұрын

@gumballgold I actually purchased my first candy machine earlier today. I picked up the Rhino Pro two head double candy. After I get my feet wet the next one will be a bubble gum and poprocks three head.

@gumballgold

3 ай бұрын

@@williambreeze2659 congrats!! i would sell Blow Pop and Cotton Candy gumballs in that machine starting off. Gumballs sell faster than candy. At a good location you should make at least fifty dollars a month selling gumballs.

Do you give the owner a percentage of the take? I know with claw machines it’s somewhere between 20%-30%. Is it different with candy machines?

@gumballgold

Ай бұрын

Never offer a commission for bulk vending. And I don't give a commission to any of my locations I have. Thanks for your question!

They are called acorns those one inch capsules the tend to be 1.1” if I’m remembering correctly

@gumballgold

3 ай бұрын

I believe you are right.

Are you using a toy capsule wheel for the popping rocks?

@gumballgold

9 ай бұрын

No. I open up the holes in the guball wheel to the max. And you have to take out the riser plate for these acorn style capsules to easily fall into the holes and clear the springs over the chute. Thanks for watching and commenting!

For sure, please have a episode on pop rocks.

@gumballgold

9 ай бұрын

For sure! Your wish is my next video demand. Thanks for watching and commenting.

Looks good to me

How much pop rocks

@gumballgold

3 ай бұрын

Hi, I have a review video of the candy you may want to check out. I paid $28.95 for a case of 250 pcs. plus shipping. It's one of my best sellers. Thanks for watching and commenting!

if need to remove the raisers.

@gumballgold

9 ай бұрын

Yes you do have to remove the riser for the capsules to vend.

Alot my location love the gumballs and candy alot dont gumballs big mess eith gumballs not just candy good luck

@gumballgold

24 күн бұрын

I am going to try one inch capsules soon with the gold jewelry.

sad

I have been looking at the Vending Business and debating between Bulk Vending or the Giant pop/snack machines. I've seen lots of random posts that say bulk vending doesn't make much net profit. Would you mind sharing what you consider a good net profit per 3 head machine? And do you do the bigger machines to or stay in the bulk arena?

@gumballgold

9 ай бұрын

Full line vending (giant pop/snack machines) takes a lot of money, labor, and time. You also have a lot more financially at risk. So you are investing in a job and all the legal things that come with opening up a business. And just like a business you need insurance, form a LLC, accounting, keeping up with all the licenses and business taxes/sales tax. I rather do bulk vending because it is truely passive income with all of what I mentioned. I can service all my machines when I feel like it while rolling in a Corvette. Full line vending requires a truck or van with all the heavy lifting. All I have to do is just reinvesting my profits into more machines and grow on my time. My machines and product fit perfectly in the back of my Corvette when I scout for new locations or need to upgrade a location. I don't have to worry about someone calling me if they loose their money or if a coke machine has run out of product. I don't have to pay commissions or any fees. The IRS considers bulk vending a hobby, so I don't have to pay income tax on this business model. Now depending on locations and foot traffic, your machines will average ten dollars a month up to a couple of hundred dollars a month like my triple head you see in my videos. I have met people with a thousand machines and more. So their worse case is each machine averages ten dollars that month. So ten dollars times a thousand is ten thousand dollars for that month. I am fortunate enough to be debt free. I can easily be comfortable on one hundred thousand a year income. I don't know your finance status, but if you are just startng out an extra thousand dollars a month would really help you with your budget to get out of debt, pay off the car, or just buy groceries. I just really love the speed bulk vending lets you have to keep investing your profits into more machines and growing faster compared to full line vending. I can sell a ten cent gumball for fifty cents is a lot better profit margin compared to full line. And a gumball doesn't have the very short food experation date compared to full line either. Thanks for watching my video and commenting.

@FoxbodyCollector

9 ай бұрын

@@gumballgold Thank you for such a long explanation. I have about 40k to invest but finding out the full line machines cost 7k plus for a good one made me really second guess if I want to go down that path along with the labor as I have a full time job. I could buy 20 three head machines for under that price. Of course finding the right locations is what makes or breaks you. I am by no means a salesman so even for the candy machines will have to find somebody to help me get locations. Would love to get into grocery stores/retail stores but I'm sure that is very hard.

@gumballgold

9 ай бұрын

@@FoxbodyCollector grocery stores and corporate retail stores will not let you. You can do what is called stealth vending to get into those types of businesses. I will be doing a video about that in the future. But you first need to concentrate on the businesses that will say yes. You don't need to be a sales person or sales experience. These machines are just so cute they sell themselves. Most people already have a warm place in their hearts for these machines probably from their childhood. I do have a video about my best locations if that will help. Also I am blessed not to have any competition in my town. But I do recommend just buy five machines to see if bulk vending is for you. You can find like new machines on Facebook market place for real cheap or buy brand new from candymachinesdotcom. Stick with only one brand like I do with the Rhino machines. That way you can easily switch out wheels, mechs, and stands without have hundreds of parts for more brands of machines.With five machines you will either find locations quickly or find out if you have any challenges. So if you enjoy your first five, then go ahead and invest in more. If not, five machines are easier to sell to someone like me than having to unload twenty.